Trump Grants Partial Tariff Exemptions, Delays Full Impact
Summary
President Trump granted partial exemptions on tariffs for goods from Mexico and Canada that comply with the North American trade deal, delaying the full impact until April 2nd when he plans another round of retaliatory tariffs, after speaking with U.S. automakers' CEOs.
Key Points
- President Trump issued exemptions on tariffs for about half of goods from Mexico and around 38% of goods from Canada that comply with the North American trade deal
- The exemptions will last until April 2, when Trump plans another round of retaliatory tariffs on goods from a range of countries
- Trump said he decided to issue the exemptions after speaking with U.S. automakers' CEOs, giving them time to adjust before wider tariffs next month